According to the public record, Flat A34, Parliament View Apartments 1, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 878 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Parliament View Apartments, Albert Embankment, London, SE1.
Albert Embankment, London, SE1 is located in the borough of Lambeth within the SE1 postal district.
Flat A34, Parliament View Apartments 1, London has 31 entries in the Land Registry database, most recently in January 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat A34 Parliament View Apartments 1 London as £1,083,785 and the rental value as £3,460 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Flat A34 Parliament View Apartments 1 London has increased by £12,190 (1.1%) and its rental value has increased by £178 per month (5.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat A34, Parliament View Apartments 1, London is in very good condition we estimate a sale value of £1,137,975 and rental value of £3,633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,007,920 and a rental value of £3,218 per month.
If you were able to purchase this property for the estimated value of £1,083,785, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,326 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat A34, Parliament View Apartments 1, London was last sold on 13 Jan 2011 for £750,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2011, the market for similar properties has risen 54.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A34, Parliament View Apartments 1, London within a radius of 400 metres over the last 2 years.
The most recent example is Apartment 18, 24, Albert Embankment, London, SE1 7GJ, a Leasehold flat which sold for £875,000 in Sep 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Embankment, London, SE1 has a total of 916 addresses. According to our analysis of all the public data, Flat A34, Parliament View Apartments 1, London is the 400th largest and the 415th most expensive property on the street.
When compared to the postcode district it is £436k more expensive than the average property in SE1.
The closest station to Flat A34, Parliament View Apartments 1, London is Lambeth North station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat A34, Parliament View Apartments 1, London, 60.0% of property is privately rented and 23.6% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat A34, Parliament View Apartments 1, London, 14.6% of residents are recorded as possessing school level qualifications and 79.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat A34, Parliament View Apartments 1, London, the average age was 37.1 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat A34, Parliament View Apartments 1, London, 4.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat A34, Parliament View Apartments 1, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.